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Brazil’s soyoil premium over Arg. collapses on shortage, bio policy
The premium of Brazilian soyoil over Argentine soyoil collapsed this week after the Brazilian government...
November 19, 2020
·
By Rei Geyssens
Insights
MORNING VIEW: Markets mixed, but underlying trends in base metals robust despite headwinds
The metals were looking robust this morning, Wednesday November 18, and for the most part are managing to drive higher despite concerns about the rapid spread of Covid-19 and some mixed economic data of late.
November 18, 2020
·
By William Adams
Insights
MORNING VIEW: Base metals prices consolidate gains after Monday’s double dose of positivity
Base metals prices on both the London Metal Exchange and Shanghai Futures Exchange were mainly lower this morning, Tuesday November 10, while prices consolidated after Monday’s double dose of positive news - that of Joe Biden winning the US presidential election and Pfizer announcing progress toward a potential Covid-19 vaccine.
November 10, 2020
·
By William Adams
Insights
MORNING VIEW: Base metals prices mainly higher on weaker dollar as Joe Biden becomes president-elect
Base metals prices on both the London Metal Exchange and Shanghai Futures Exchange were mainly stronger this morning, Monday November 9, after markets reacted positively to Joe Biden winning the US presidential election and the resulting weaker dollar.
November 9, 2020
·
By William Adams
Insights
FOCUS: China’s new steel scrap standards ‘will pave way for imports’
Market participants in China are increasingly confident that Chinese authorities will revive steel scrap imports into the country in 2021 following the release of new domestic scrap classification standards.
November 5, 2020
·
By Jessica Zong
Insights
US biofuels sector faces squeeze as presidential outlooks collide
US ethanol and biodiesel producers could find themselves facing an uncertain future no matter what the outcome of the US...
November 4, 2020
·
By John McGarrity
Insights
SSS 2020: Green shoots in US market – Topalian
There are reasons to believe the worst is over for a domestic steel market rattled by the Covid-19 pandemic, Nucor Corp president and chief executive officer Leon Topalian told attendees of Fastmarkets’ Steel Success Strategies Online conference on Monday October 26.
October 27, 2020
·
By Patrick Fitzgerald
Insights
INTERVIEW: Aluminium spot market, low-carbon interest to pick up in ‘blurry’ 2021 – Alvance COO
Uncertainty about next year’s aluminium fundamentals and consumer hesitance to commit to long-term, large-tonnage contracts has Alvance chief operating officer Guillaume De Goys expecting an active spot market in 2021.
October 26, 2020
·
By Justin Yang
Insights
MORNING VIEW: LME base metals prices weaker as US stimulus talks struggle, but underlying trends generally strong
Base metals prices on the London Metal Exchange were weaker this morning, Thursday October 22, this after a day of general strength on Wednesday that saw copper prices climb, intraday, back above $7,000 per tonne.
October 22, 2020
·
By William Adams
Insights
MORNING VIEW: Base metals prices upbeat as risk-on sweeps through broader markets
Half of the base metals prices on the London Metal Exchange have in recent days risen to multi-month highs, with copper reaching levels not seen since June 2018, and all of the metals are pushing higher this morning, Wednesday October 21.
October 21, 2020
·
By William Adams
Insights
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